Market sources report that demand in the Vietnamese flat steel market has remained quite weak.
Hot rolled coil (HRC) prices in the Vietnamese domestic market stand at VND 12,600-12,700/kg ($417-420/mt) ex-warehouse, while cold rolled coil (CRC) prices are at VND 15,300-15,400/kg ($506-510/mt) ex-works, unchanged week on week on local currency basis. Meanwhile, prices of rerolling quality HRC of 2 mm thickness are being quoted at VND 13,000-13,150/kg ($430-435/mt) ex-warehouse, stable in VDN terms.
On the other hand, Chinese offers to Vietnam are at $525/mt CFR for HRC, indicating an increase of $5/mt over the past week, while Chinese offers for rerolling quality HRC of 2 mm thickness stand at $535-540/mt CFR for, increasing by $10/mt over the same period .
$1 = VND 30.25
Price levels in Vietnamese flat steel market
Marketplace Offers
Hot Rolled Coil
Thickness
1.5 - 25 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Cold Rolled Coil
Thickness
0.4 - 2.5 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness
0.8 - 5 mm
Width
1,150 - 1,850 mm
Coil
R
Tedarikçi
SAMBHV SPONGE POWER LIMITED